Double Trouble: Wall Street Secrecy Conceals Preventable Pension Losses in Rhode Island

Source: Benchmark Financial Services, Inc., June 5, 2015

Key Finding:
Redesign of the pension system that was supposed to save taxpayers $4 billion over 25 years, has already—in the first four years— cost the pension $1.4 billion. Total preventable losses identified in this report amount to nearly $2 billion.

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